Facebook CEO Mark Zuckerberg told lawmakers Wednesday the internet sector will need some form of regulation.

After weathering heated questions from two Senate panels, Facebook CEO Mark Zuckerberg returned to Capitol Hill Wednesday to face more questions from the House Energy and Commerce Committee about the social media platform's transparency and user privacy.

Zuckerberg said it "is inevitable that there will need to be some regulation" of internet companies, an idea that has been floated by Republican and Democratic lawmakers.

While it is not clear what that regulation would look like, lawmakers have said they want better protections after data breaches affected tens of millions of users.

Zuckerberg cautioned lawmakers to be careful about what they propose, as larger companies like Facebook have more resources to comply with regulations than smaller ones.

China Stocks Lower At Close Of Trade; Shanghai Composite Down 1.05%

Wednesday, 19 December 2018 14:52 WIB
China stocks were lower after the close on Wednesday, as losses in the Oil Equipment Services & Distribution, Software & Computer Services and Technology sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 1.05%...